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Here’s Why Gold Stocks Are on the Rise – Plus Three Picks That Will Benefit

Posted on 04 July 2014

Gold stocks are poised for an upswing. Just recently, the European Central Bank (ECB) announced a new policy to promote lending and, ultimately, inflation in the Eurozone. The move sent investors flocking to precious metals like gold and silver.
That’s because precious metals tend to move in tandem with inflation. As the value of a currency decreases - which is an effect of inflation - the price of precious metals increases. A declining value of a currency means that it takes more of that currency to purchase an ounce of the metal………………………………………..Full Article: Source


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This post was written by:

VRS - who has written 38189 posts on Opalesque Commodities Briefing.


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